During its history Quincy has been known as a manufacturing and heavy industry center, with granite quarrying dominating employment in the 19th century and shipbuilding at Fore River Shipyard and Squantum Victory Yard rising to prominence in the 20th century. The recent decades have seen a shift in focus to several large employers in the financial services, insurance and health care sectors of the economy. Quincy is the location of the corporate headquarters of several firms, including Boston Financial Data Services, the Stop & Shop supermarket chain, Arbella Mutual Insurance Company and The Patriot Ledger, publisher the South Shore's largest regional newspaper.
Other major employers with offices in Quincy are State Street Corporation, Blue Cross Blue Shield, Harvard Pilgrim Health Care and Boston Scientific. TACV, national flag carrier airline of Cape Verde, has its United States corporate office in Quincy. The Quincy office serves residents of Connecticut, Massachusetts, and Rhode Island.
Read more about this topic: Quincy, Massachusetts
Other articles related to "economy":
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Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchants economy is a coarse symbol of the souls economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (18031882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (18171862)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (18971977)